The crypto market thrives on innovation, but trust remains its most valuable asset. Recent events, like the controversy surrounding the Movement Labs token deal, challenge that trust. Evgeny Gaevoy, CEO of major crypto market maker Wintermute, is now speaking out, offering a candid assessment and calling for significant changes to industry practices. Wintermute CEO Weighs […]
In a significant development shaking the blockchain space, Movement Labs, a project focused on building a modular blockchain network, has announced the immediate termination of its co-founder, Rushi Manche. This news, delivered via the company’s official X account, comes amidst allegations of misconduct. What Happened at Movement Labs? The announcement from Movement Labs was direct […]
The world of blockchain development saw significant news recently as Movement Labs, a project building on the Move programming language, announced a major internal action. The project confirmed via an official statement on X that its co-founder, Rushi Manche, has been suspended. This development comes amid an ongoing third-party investigation into alleged market maker misconduct […]
In a fast-developing story that has the crypto community on high alert, Movement Labs, the driving force behind the Move language-based blockchain and the Movement Network, has officially announced an internal investigation. This probe is centered around potentially inappropriate activities conducted by a market maker on Binance, one of the world’s leading cryptocurrency exchanges. The […]
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